Philippine Trust Co (PHS:PTC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Philippine Trust Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Philippine Trust Co's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Philippine Trust Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Philippine Trust Co's Cash-to-Debt or its related term are showing as below:

PHS:PTC' s Cash-to-Debt Range Over the Past 10 Years
Min: 45.29 Med: No Debt Max: No Debt
Current: 45.29

During the past 13 years, Philippine Trust Co's highest Cash to Debt Ratio was No Debt. The lowest was 45.29. And the median was No Debt.

PHS:PTC's Cash-to-Debt is ranked better than
92.12% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs PHS:PTC: 45.29

Philippine Trust Co Cash-to-Debt Historical Data

The historical data trend for Philippine Trust Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Philippine Trust Co Cash-to-Debt Chart

Philippine Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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234.16

309.78

250.02

100.32

45.60

Philippine Trust Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	45.60	No Debt	No Debt	No Debt

Competitive Comparison of Philippine Trust Co's Cash-to-Debt

For the Banks - Regional subindustry, Philippine Trust Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Philippine Trust Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Philippine Trust Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Philippine Trust Co's Cash-to-Debt falls into.

Philippine Trust Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Philippine Trust Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	13858.007	/	(0	+	303.94)
	=	45.59

Philippine Trust Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Philippine Trust Co had no debt ⁽¹⁾.

Philippine Trust Co (PHS:PTC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Philippine Trust Co Cash-to-Debt Related Terms

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Philippine Trust Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Trust Co (PHS:PTC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 United Nation Avenue, Corner San Marcelino Street, Philtrust Bank Building, Manila, PHL, 1007

Website

https://www.philtrustbank.com

Philippine Trust Co is a Philippine banking corporation. The Bank is primarily engaged in commercial banking. The Bank offers a wide range of products and services such as deposit products, loans, international services, treasury and trust functions. The Bank also provides investment management, estate administration, escrow services, insurance and pension plans, stock registry and transfer services. The company have two major business segments - lending and treasury operations.